Public trading strategy
Old telecom crumbles while space-tech booms — long Rocket Lab as satellites eat
Thesis
This trade connects the massive drop in traditional telecom stocks with the $8 billion buyout of Iridium by Rocket Lab. As Verizon and AT&T face existential threats from satellite networks, capital is rapidly rotating into the space-economy. The simultaneous drop in oil prices (easing geopolitical risk premiums and energy costs for logistics) further de-risks the operational outlook for industrial space companies.
Strategy approach
Build a momentum strategy that enters long RKLB on D1 when the stock closes at a 10-day high. Increase position sizing if ASTS or GSAT also close at a 10-day high on the same day (sector confirmation). Exit with a 20% trailing stop or if the stock drops below its 50-day moving average.